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North Africa Business
126 posts
Egypt Steadies for 9% Increase in Natural Gas Production
Egypt’s Petroleum Ministry says natural gas production will get 7.2 billion cubic feet per day in the 2021-2022…
Eygpt Announces International Bid for 24 Oil, Gas Blocs
Egyptian Minister of Petroleum and Mineral Resources, Tarek al-Molla, on Thursday, announced an international bid round for the…
Morocco’s Energy Firm Receives $965,000 AfDB Grant
Morocco’s energy service firm, Société d’Ingénierie Energétique (SIE), has obtained a $965,000 grant from the African Development Bank…
African Start-up Investments Decline for the First Time in a Decade
In a report, Partech Partners said companies on the continent raised $1.43 billion in 2020, down by 29% from a year ago, which was just two deals above $50 million closed last year compared with 10 in 2019.
African Countries Seek Debt Restructuring from G-20 Countries
The economic damage wrought by the coronavirus pandemic will probably make many African countries seek debt restructuring from…
Janus Continental Group Invests $13m in Highview Enterprises Power
The investment will tackle the renewable energy storage gap that currently exists across the continent, where nearly 600m people live without access to electricity.
Egypt Listed among Countries Set to Purchase Indian Missile Systems
Indian weapons researcher Amiet R. Kashyap disclosed that Egypt along with the Philippines, South Korea, Algeria, Greece, Malaysia, Thailand, Singapore, Venezuela, and Bulgaria are interested in the missile systems.
El-Sisi, Tshisekedi Pledge to Strengthen Bilateral Ties
The two presidents held an extended session of bilateral talks focused on strengthening relations and cooperation, to achieve security and stability in the continent.
Morocco, The Netherlands to Produce Drinking Water from Thin Air
The Netherlands and Morocco are using technology to solve a major hindrance for nations with large desert landmasses,…
Sky Abu Dhabi Invests EGP 15bn in Egypt’s Real Estate
Of the EGP 15bn investment portfolio in its new market entrance, EGP 4bn will be invested in its New Administrative Capital (NAC) project.